Effortless PCORI Fee Filing for Third-Party Administrators (TPAs)
- Streamline your PCORI fee calculations and filing process
- IRS-approved portal for Third-Party Administrators
- Fast, secure, and accurate reporting of the PCORI fee (Form 720)
- Designed specifically for plan sponsors
Challenges Faced by TPAs in Processing the PCORI Fee
Manually Calculating the PCORI Fee and Covered Lives
Calculating the PCORI fee and the number of covered lives manually is a
daunting task, prone to errors and time-consuming. It requires extensive data
processing, which can overwhelm staff, especially during peak filing seasons.
Handling Bulk Filings for Multiple Employers
Managing bulk filings for entire employer groups presents logistical difficulties.
Organizing, verifying, and submitting large volumes of data for each employer while
ensuring accuracy is a complex task.
Managing Large Documents for Maintenance
With bulk filings, the volume of documents generated is massive. Properly organizing and
maintaining these files for compliance purposes becomes challenging, requiring
sophisticated document management systems.
Multiple PCORI Fees Within a Single Year
A single tax year can involve multiple PCORI fees, complicating the process of
determining the correct fee for each specific period. TPAs must ensure that the right
fee is calculated and submitted for each month or quarter.
Tracking Changes in Covered Lives Across Plans
Covered lives can fluctuate throughout the year due to employee changes, making it
difficult to track and ensure accurate calculations. TPAs must account for these changes
in real-time, adding to the complexity of accurate fee submission.
Ensuring Timely Submissions Across Different Deadlines
Different employers and plans may have different deadlines for submitting the PCORI fee,
creating the challenge of managing multiple timelines. This adds stress and increases
the chance of missing a deadline.
Risk of Penalties for Errors and Late Submissions
Any mistakes in calculating or submitting the PCORI fee can result in costly penalties
for both TPAs and their clients. Ensuring accuracy and timeliness is critical to avoid
financial repercussions.
Integration with Multiple Systems and Data Sources
TPAs often need to integrate data from various systems (payroll, benefits, etc.), making
the process more complicated. Ensuring these systems are compatible and the data is
accurately transferred is a significant challenge.
How Simple720 Simplifies the PCORI Filing Process for TPAs
Simple720 is the solution to all the challenges TPAs face when processing PCORI filings, offering a seamless experience from start to finish.
Effortless Bulk
Filing
Filing
Our portal features a bulk filing capability that simplifies the entire process,
reducing the complexity of submitting multiple filings. TPAs can quickly file for
multiple employers in one go, saving valuable time and effort.
Automatic PCORI Fee Application
The current PCORI fee for the selected plan year is automatically applied to each
calculation. This ensures accuracy and eliminates the risk of applying outdated or
incorrect fees.
Automated Tax
Calculation
Calculation
Tax amounts are calculated automatically, taking the guesswork out of the equation. This
feature ensures precise filing and compliance, reducing the possibility of human error.
Secure Online Storage and Easy Retrieval
All data and documents are securely stored online, making them easily accessible
whenever needed. TPAs can retrieve historical filings and documentation with just a few
clicks, ensuring smooth record-keeping and audit compliance.
Customizable for Multiple Employers
The portal is designed to handle filings for multiple employers with varying needs. TPAs
can customize the filing process based on each employer's specific requirements,
improving flexibility and efficiency.
Key Info for Third-Party Administrators (TPAs) to
Know for
2026
- Who Files: Third-Party Administrators (TPAs) managing self-insured health plans
- Deadline: July 31 annually
- 2026 Fee: $3.47 per covered life for plans ending Jan-Sept 2025, and $3.84 for plans ending Oct-Dec 2025
- Form: IRS Form 720 - Q2
Why Choose PCORI Online Filing Over Manual Filing
Manual Filing
- Speed - Delays in mailing and processing
- Accuracy - Higher risk of manual errors
- Convenience - Must be done in person or through mail
- costly - May involve mailing and postage costs
- Security - Risk of loss or damage during postal delivery
- Bulk Filing - Not available for manual filing
Online filing
- Speed - Instant submission and IRS acknowledgment
- Accuracy - Automated error checks reduce mistakes
- Convenience - File PCORI Fee Online from anywhere at any time
- Cost - Often cheaper or with no additional fees
- Security - Secure, encrypted digital submission
- Bulk Filing - Submit multiple filings at once with ease
Complete your PCORI Fee online with 3 simple steps
STEP 1
Enter Organizations Details
Enter the organization's details, such as name and address.
STEP 2
Add Covered Lives
Enter the Type of policy and Number of Covered Lives - We Provide
Guidance to make it Simple.
STEP 3
Review and Confirm Fee
Our PCORI portal automatically calculates the PCORI fee (tax amount).
Simply review and submit.
Why Choose Simple720 for PCORI Filing
IRS-Authorized Portal
Simple720 is an IRS-authorized e-filing platform, ensuring secure and
compliant submissions.
compliant submissions.
Fast Filing and Processing Time
Enjoy quick filing and fast processing with minimal wait times
for approval.
for approval.
Trusted by Leading Firms
Simple720 is the #1 PCORI filing portal in the U.S., trusted by many large
accounting firms for reliable and efficient filing services.
accounting firms for reliable and efficient filing services.
Instant Acknowledgement
Receive instant IRS acknowledgment upon successful submission
for peace of mind.
for peace of mind.
PCORI filing is made easy for TPAs.
Handle bulk filings in one go with
zero hassle. Don't wait, file now
and save time!
File PCORI Fee Online Now
